The rise of cryptocurrencies is a fact. There are many of them, although the pioneer is Bitcoin, created in 2009. America is one of the continents in which its use increases the most, particularly in Latin America.
AT&T is a multinational company in the United States, as well as one of the largest and most important international mobile carriers. The company announced with a statement on its website that it will allow the use of virtual currencies as a payment option for its services.
Today, there are many cryptocurrencies with which you can trade, in which you can invest or exchange. The fact that it's digital money, since they're virtual currencies, doesn't differ from the fact that they can be used as we do with physical money.
The beginnings of virtual currencies were not very good, society did not trust this new financial system that contrasted with traditional and conventional money. We were used to using physical money and the idea of being able to use and transact with intangible money seemed unlikely.
The world of cryptocurrencies is evolving and developing every day. Over time, its use and investment has become more popular. Many people use it to make payments and transactions, as well as many companies also allow this payment method in their services and products.
The use and investment in cryptocurrencies over time is more common. Many companies already accept them as a payment method and, many others, invest in them and create their own. These virtual currencies make the payment easier, more useful, and faster. Who was going to tell us a few years ago that we could now pay a coffee or lunch by just taking our cell phone from our pockets?
Originally, the tokens were vouchers or pseudo coins that were used to replace the actual currency. Did you know that casino chips are also tokens? Used to replace real money - physically-, are accepted within that place to which they are made, and it is only valid while you're there.
Cryptocurrencies are virtual coins. They use a digital encryption for their operations and with them economic transactions without the need for intermediaries can be carried out. They are based on cryptography to create secure economies.